Description: Discusses what it takes to adopt them and how the savings are realized.

Description: An interview with Joe Gilmour to share his views on the future innovations in underwriting that will help grow the individual life insurance business.

Description: Summary of SOA research report "Optimizing Risk Retention" which applies parametric survival models and Monte Carlo simulation to a block of term life business.

Description: This article provides a formulaic method of comparing unit reserves on different valuation bases. This enables a duration-by-duration comparison of the components of the calculation on two different valuation bases. This can be done ignoring taxes or assuming taxes are recognized in calculating the expected return on capital in pricing.

Description: Full issue

Description: The author describes how his company was able to benefit from an application of risk theory.

Description: The authors set forth a generalized model describing the application of current law [1976 NAIC model Standard Valuation Law and Standard Nonforfeiture Law] to products of the universal life type. Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1983 Volume 35.

Description: Author discusses about the challenges faced by actuaries in micro-insurance innovation and product development

Description: This article provides some insights into the creativity employed in cash flow testing to help ensure the sound survival of small companies that have limited means.